Global macro hedge fund by MG

London-based MG Capital will launch its global macro hedge fund by the end of March.

The K Fund will be based on investment strategies developed by renowned economist, Professor Elias Karakitsos.

This is the first time the group, known in the marketplace for its informative financial website called MoneyGuru, will be directly managing money. However, the group currently has mandates of £300m under its 'advice'. MG Capital's Charles Fowler says the fund will focus on two asset classes: bonds and e